Almost half of developer revenue now comes from subscriptions
SMRTR summary
Global app spending reached $127 billion in 2024, up 15.7% from the previous year, driven entirely by Apple's App Store. Subscription-based apps, though only 5% of all apps, accounted for 48% of revenue across both app stores, explaining increased spending despite a 2.3% decline in downloads.
SMRTR provides this summary for quick context. The original article belongs to 9to5Mac.
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